Financial Information for Powers Music School INC

Powers Music School INC's annual revenue was $2.1M in tax year 2024, reported on their IRS Form 990. They spent $2.2M in total expenses. 75% went to programs and services.

Financial Breakdown

What is Powers Music School INC's total annual expenses?

Powers Music School INC spent $2.2M in tax year 2024, according to their IRS Form 990 filing.

How much of Powers Music School INC's budget goes to programs?

Powers Music School INC spent $1.6M (75% of expenses) on programs and services in tax year 2024.

How much does Powers Music School INC spend on overhead?

Powers Music School INC's overhead in tax year 2024 includes administrative (19%) and fundraising (6%) of their expenses.

What is Powers Music School INC's net worth?

Powers Music School INC had net assets of $2.0M as of the end of tax year 2024.

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All figures are reported on the organization's IRS Form 990 filing and are public record. Revenue and expense data come from Form 990 Part I, and asset data comes from the balance sheet section. These are filed amounts as reported by the organization.